Saia Inc Stock Surges 4.52% in Second Consecutive Day of Gains, Trading Volume Ranks 446th

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 2, 2025 7:38 pm ET1min read
SAIA--

On April 2, 2025, SaiaSAIA-- Inc. (SAIA) experienced a significant increase in its stock price, rising by 4.52% and marking its second consecutive day of gains, with a total increase of 6.12% over the past two days. The trading volume for the day was 1.96 billion, which was 35.26% lower than the previous day, placing it at the 446th position in terms of trading volume for the day.

Saia Inc. (SAIA) has seen a notable surge in its stock price, reaching an intraday high of $372.59 before closing at $370.86, up from its previous close of $354.75. This places SAIA 40.62% below its 52-week high of $624.55 and 8.22% above its 52-week low of $342.68. The trading volume for the day was 117,338 shares, which is 21.5% of the average daily volume of 545,771 shares.

Analysts have provided a range of price targets for Saia Inc., with an average target price of $500.17, suggesting a potential upside of 34.87% from the current price. The high estimate is $600.00, and the low estimate is $270.00. Additionally, the consensus recommendation from brokerage firms indicates an "Outperform" status for SAIA, with an average rating of 2.0 on a scale of 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Saia Inc. to be $465.79 in one year, suggesting a potential upside of 25.6% from the current price. This estimate is based on historical trading multiples, past business growth, and future performance estimates. The GF Value is designed to provide an estimate of the fair value at which the stock should be traded.

Saia Inc. has a short interest ratio of 7.32%, which is higher than some of its competitors in the transportation sector. This indicates a significant level of bearish sentiment among investors, who may be betting on a decline in the stock price. However, the recent price surge suggests that bullish investors are optimistic about the company's prospects.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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